The Residence by Prestige One resale prices 2026
| Latest sales | Size | Price paid |
|---|---|---|
| 7 Oct 2026 | 840 sq ft | AED 2,599,930 |
| 30 Sep 2026 | 1,273 sq ft | AED 4,847,568 |
| 30 Sep 2026 | 2,018 sq ft | AED 7,424,494 |
| 30 Sep 2026 | 1,378 sq ft | AED 4,975,937 |
| 30 Sep 2026 | 803 sq ft | AED 2,475,396 |
The Residence by Prestige One Payment Plan & Down Payment
10/55/35 — 10% down payment at launch, 55% during construction, 35% on handover.
Down payment: 10% on booking, about AED 66,500 at the entry price, plus the 4% DLD fee at registration.
| Milestone | % | Entry price (AED 665.0K) |
|---|---|---|
| Down payment at launch | 10% | AED 66,500 |
| During construction | 55% | AED 365,750 |
| On handover | 35% | AED 232,750 |
| DLD transfer fee, on purchase | 4% | AED 26,600 |
| Cash needed before handover | 65% + fee | AED 458,850 |
| On handover | 35% | AED 232,750 |
Excludes the AED 1,000 Oqood registration, any developer admin fee and service charges; confirm every figure against your sale agreement. Compare payment plans across every Dubai project →
If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.
The Residence by Prestige One Handover Date & Construction Progress
What the Dubai Land Department register records for The Residence by Prestige One as of 28 October 2026: how far it is built, the completion date filed with the DLD, and whether the escrow account is open. We track buildings registered or due to complete in 2026; phases outside that window are not listed.
The completion date that binds the developer is the one in your sale agreement (SPA) or Oqood. If it differs from the DLD filing above, ask why before you pay. What the escrow rules require →
Selling The Residence by Prestige One? Put this live DLD status on your listing, with your WhatsApp button →
Property Overview
The Residence by Prestige One unit types & floor plans
| Unit | Size | Share of recorded sales |
|---|---|---|
| Studio Apartment | 472 sq ft | 100% |
| 1 Bed Apartment | 779–862 | not recorded |
| 2 Bed Apartment | 1191–1822 | not recorded |
Share of 2 Dubai Land Department sales in 2026 where the unit size was recorded — the layout most people bought is the one you will compete with at resale. Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.
The Residence by Prestige One Location & Master Plan
Future Infrastructure Confidence
JVC benefits from established road connectivity and completed retail infrastructure, with no confirmed metro additions.
Nearby Transport
Bus and Marine
Amenities & Facilities
Is The Residence by Prestige One a good investment? Our view
The project adds near-completion residential inventory to JVC’s established apartment market.
Who it suits
The Residence by Prestige One suits first-time buyers and end users seeking near-ready homes in JVC.
For investors
Investor appeal is moderate, with stronger focus on end-user absorption due to high area competition.
If you will live there
For end users, the project offers quicker move-in timelines and community-style amenities.
How Jumeirah Village Circle (JVC) compares
Thinking about The Residence by Prestige One? See how its area stacks up on recorded prices, unit mix and delivery.
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FAQs
Is The Residence by Prestige One suitable for first-time buyers?
Yes, its near-completion status and entry pricing make it suitable for first-time buyers in JVC.
What is the payment plan for The Residence by Prestige One?
The structure is 10% down payment at launch; 55% during construction; 35% on handover.
How soon can buyers expect handover?
The project is scheduled for completion in December 2024.
How does this project compare to other JVC developments?
It stands out for its advanced construction stage and amenity offering rather than long-term upside.
Does the project have metro connectivity?
No, JVC relies on road access and nearby RTA bus services.
When is the handover date for The Residence by Prestige One?
The Residence by Prestige One is scheduled for handover in December 2024. Get the contractual completion date written into your sale agreement; where marketing and contract differ, the contract governs.
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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.